674 Laconia CircleLake WorthFL33467
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lake Worth at 674 Laconia Circle, Lake Worth, FL, 33467 priced at $148,900 converts $1,144/mo rent into after a $729/mo obligation. Total monthly income equals $1,144/mo. Return on cash invested prints 9.93% in year one, and rental yield reads 9.22% against a $148,900 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,138 by year five. Five-year ROI reaches 54.94% and total cumulative return in cash sums $27,117. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,144/mo property income covering a $729/mo payment, not borrower’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$566 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33467, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,072 (100%) |
| Owner Occupied HU | 21,130 (78.1%) |
| Renter Occupied HU | 3,524 (13.0%) |
| Vacant Housing Units | 2,418 ( 8.9%) |
| Median Home Value | $513,106 |
| Average Home Value | $550,949 |
Housing Distribution
Address Breakdown
Residential
25,492
Single Family
19,736
Multi-Family
5,756
Businesses
765
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelli Birdsall • Paradise Real Estate Intl
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11079053
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.